Jackstones, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 07:16 pm
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Jackstones, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was PHP 5.430 million compared to PHP 5,159 a year ago. Net income was PHP 1.918 million compared to net loss of PHP 2.237 million a year ago. Basic earnings per share from continuing operations was PHP 0.011 compared to basic loss per share from continuing operations of PHP 0.012 a year ago. Diluted earnings per share from continuing operations was PHP 0.0106 compared to diluted loss per share from continuing operations of PHP 0.0124 a year ago. For the nine months, total revenue was PHP 5.436 million compared to PHP 659,172 a year ago. Net loss was PHP 1.803 million compared to PHP 5.423 million a year ago. Basic loss per share from continuing operations was PHP 0.01 compared to PHP 0.3 a year ago.
Jackstones, Inc. is a Philippines-based holding company. The Company is engaged in projects, property ventures, businesses and assets primarily in the ASEAN region and neighboring Asian countries without industry-specific limitations. The Companyâs wholly owned subsidiary, Jackstones Properties, Inc., purchases, acquires, owns, holds, uses and disposes real property.